The Irish standard., 1887-08-27
A STORY OF THE CORNER.
Ops and Downs of Young Man Who
Started Out to Get Rich in the Recent
Chicago Wheat Deal-Narrow Escape
from Ru{n.

MIND, with uniform and astonishing sue
cess, before I actually became a sp4cu
tor, writes contributor to the Chicago
Herald. Probably l might have gone on
ind etinibely, contentelly rolling up my
nental profits, but for young Bagley and
the glowing newspaper accounts OF the
great June wheat deal Bagey was q
clerk, like myself, on small salary, with
poor prospects of advancemert But
| while was careful and h ID littlc 20 SNOW
I! Tor my economy at the end Of each month,
he was liberia in his expeniitur.s and al.
ways had money. He was a Speculation,
Often he sno'vel me big rolls, which
he said were profits One day he unfold
el four hundred dollars before my eyes.
| 81 cleared up that profit Yesterday he
said, lingering the luscious stuff lovingly
"Why don't you catch on: June wheat
! will go to one dollar. Do you want to b. I
clerk all your life!'
The papers had glowing accounts every
! day Of ths great cliquo;= doings. Every
! body was talking al olt them. and pre-
! dlc.ei that they would send wheat soar
ing. "They're sure to do lt,'' said Bagley
| and he decided me.
drew from the safety vault the bond in
which had invested my savings for four
years, and marched t!oWn u q brokers' Of
flee near the big stone building on jack
sou street. 1t was an elegant building To
til il up must have cost tho sands. There
were q doz IN men lol!ing in The luxurious
Russia leather chairs, all Of them dressed
IN the hsigit Of fashion NJ one looked
up as entered. They were all watching
a boy chalk up figures on Il big blackboard
shat occupied one eud Of the rocm l foun,;
the broker and told him my business He
A ~,
ful scrolls anu engraving in my bond, but
looked sharply al the date oi the last cou-
POE. He tossed it car.lessiy over a railing
to a diminutive clcrs with uu old face and
then said TO me:
Now, what Ito you ":snt TO do, buy or
seli:"
told him Guy. He wrote something on
d slip o1 paper, rang a bell sharply ana
gave the sip to a boy, who Disappeared
With IL like d spsite in IL pantomune Ii
d moment h. Was back. Five -eigilthsn
said 1fie broker to nc. an walked into his
private, iiite This Wr,ts disappearing !
expected a nice, long saiS with hum. ard
~ have him tell IN some pf the secrets Of
the market l. felt sure h. possessed. But
he 81 not seem To care Jllic!A about pl";is-
ing me. The on;y other occasion ON which
ne ao '1'c,sed III" slu,ns .nE cXperieurs' in
She o1iics Was when IL a>li lne for moro
!Ial!yu.
'lroDpei into q cil:iit a.l>j oo1c; around!
t',ei,. was 1t lively young fellow ne:.r n,.
rho kept rlnnjAg to 2he t1,;ser The ',cy
couldn't post the quotations fast enough,
tor him.
"SVh~':.i is strong to-day I vcntursl.
'Yon bee - he answered; the shorts
are coming in..''
'I'E.. lust bought, some y
'',l.han YOU better buy some more" he re.
piitd. '''iHhis Clique will put it up to the |
ceiling, sure.n j
l toob nay friends advica and bought |
more. Wheat did go up that day, ami
had the eNQ.l site pleasure of seeing N.Y.
self 500 ailcal wiaen che bell tapped at |
2:5J o'c!octs. II Was the FIRST money had
ever made except by hard work. drew il !
OUT We had u great time thai night the
boys and /.
was successful again the next day and
the day after that. In fact, for more than
three weeks my good luck continued. Money
rolled in on me--moro :hAH had ever had
before. | fell with The greatest ease into
the habit of lunching Oh tcrrapi:1 with a
bottle OF cham bertin ana dining sum ptu-
ous'y at night Occupying q box vt the
theater instead of my old seat in the fami-
~ I!t CAI SCcHIS.l E)cI HiItul dt w il1c.
smoked quarter cigars instead OF five.
centers and rode home every night in a
nansom. My young acquaintance encour~
aged me.
''l.ook at the way t!lese fellows around
oerc live DO Princes have any more lux
lry!" he would say. ':l'hey have their
1orses and mansions and yachts ano Eu-
'opaan trips and society aareou5s and
money to throw away. Look at Jack C,tl-
lhy. Ten years ago he WAS 3. butcIl. II.
Now he's more than millionaire. Nor
nan r Gam, another niiionare-he was
Door u very few years ago Nat Jones.
leopold Bloom, Bill Linn, Andrews,
3rega, Roche and scores OF others-they've
III come up from nothing in no time. Why
houldn't you and l. particularly now
Wien we have chance to tail ON to the
|,1nc deala"
Why shouldn't I, indeed! l followed my
'oung friends advice and continued buy
ng June wheat, failing on the Clique. 1t
vent my way rapidly Every thing looked
ice Visions appeared OF long drawn-out
luxury. ] was about to inform my en- ,,
ad already told MY landlady that + was :.
DING to live at a downtown hotel, when :
n event occurred. :
Wheat had reaction of two cents.
l Immediately concluded not to resign
~ place, nor to move to the hotel at :,
resent "Don't be alarmed" said my :
oung friend; "the clique are letting it y
il to encourage more OF short interest. J.
{ will be all right" :
There were columns of WAR news in the =
apers Of the next day, and the market +
pcned strong and climbed up exctelly I =
Tas ahead again, and that night moved =
ato sumptuous quarters and enjoyed i
n extra fine dinner But change came q
he next day. The market broke again. y
1y spirits fell. An elderly man with a n
ace as expressioness as Dr.csl wall sat z
ext to me. asked him what he thought 6
bout the market, .
"Jt looks lower" he answered. .
swell, / think it's going lligher.'' +
"Fossib!y it isl ne said. ''You can +
rohably guess it as we'll as any body else. +
has cost rue 100000 and twenty five Il
ears of my life to find out that know ~
othing about it. - n
''rm long on June wheat. Don'tyou be. q
eve the clique will put it up'" d
81 suppose you are. he went on in q "
oice as Unconditional as his face. "Out- /,
lers are always tailers. It's nothing to 81
lem that every corner ever attempted on f